LOS ANGELES-Nachshin & Weston, a family law firm, signs seven-year lease valued at $2.8 million for space in the World Savings Center, one block from its current location. Occupancy is set for May.
LOS ANGELES-Irvine-based eBuilt, a software development and system integration firm catering to Fortune 500 companies, has subleased 9,600 sf of its former 12,100-sf San Fernando Valley regional office in North Hollywood to two separate subtenants, in transactions valued at $700,000.
CARLSBAD, CA-GDA Real Estate, a Greenwood, CO-based investment company, has purchased Village Faire, a 91,688-sf office/retail property here, according to Grubb & Ellis Company. The transaction was valued at $12.7 million.
TORRANCE, CA-Transpacific Development Co. has purchased a 431,000-sf distribution facility on behalf of Town Center East, a TDC affiliate. The property, located at 18260 Harlan Road in Lathrop, California, was developed by Higgins Development Partners. The purchase price was $22.5 million.
TUSTIN, CA-The Hamilton Co., a Newport Beach-based investor/developer, has purchased the 85,514-sf Texas Instruments Building here. The transaction was valued in excess of $7 million.
LONG BEACH, CA-American Residential Investment Trust has entered into an arbitration agreement with Long Beach Mortgage Company (LBMC). On Jan. 4, 2001, the company had filed a lawsuit, seeking to recover damages arising from its purchase of a pool of residential mortgages from Lehman Capital, a Division of Lehman Brothers Holdings.
LONG BEACH, CA-American Residential Investment Trust has entered into an arbitration agreement with Long Beach Mortgage Company (LBMC). On Jan. 4, 2001, the company had filed a lawsuit, seeking to recover damages arising from its purchase of a pool of residential mortgages from Lehman Capital, a Division of Lehman Brothers Holdings.